, Singapore
521 views
Photo by Namcha ph on Unsplash

Singapore retains its crown as Asia’s most talent-competitive country

Globally, Singapore ranked second in talent competitiveness.

Singapore is still the most talent-competitive country in Asia, according to Insead’s Global Talent Competitiveness Index 2023.

Globally, Singapore ranked second with an overall score of 77.1, behind Switzerland (78.6).

By pillar, Singapore ranked 1st in Global Knowledge Skills. “its highly-educated labour force and innovative economy contribute to its top rank in the High-Level Skills and Talent Impact sub-pillar,” Insead said.

The city-state also made it into the top three in the following pillars: Attract (2nd), Grow (3rd), and Vocational and Technical Skills (3rd). 

“In these pillars, its top-ranked Formal Education, its ability to match workforce supply and labour market demand, and its 4th-placed ranking for External Openness towards overseas business and talent are particularly impressive,” Insead said.

The country’s main weakness remains its ability to Retain talent. In the "Retain" pillar, Singapore ranked 38th.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Singapore’s new law weaves safety net for gig workers
Gig workers will be enabled to secure their retirement, benefit from improved workplace safety, and gain greater visibility within the industry.
HR & Education
Here’s how Gen Z consumer preference reshapes APAC’s marketing landscape
Gen Z consumers are observed to purchase based on pleasure and purpose, whilst being conscious of cost and convenience.

Event News

Event News

SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd Cards & Payments
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.
Cards & Payments SBR National Business Awards 2024 Winner: Wiseasy Technology Pte Ltd
Lay Cheng Tan, Co-Founder & Chief Investment Officer, and Mayank Raheja, Managing Director (EMEA & SA) of Wiseasy Technology Pte Ltd, provided insights into preventing fraud and inefficiency with the WiseQ QR Payment Solution.